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Tips To Being A Successful Trader
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PROFITINGSYSTEMS

Member Since Jun 04, 2020  48 posts ProfitingSystems (PROFITINGSYSTEMS) Jun 14 at 07:45 (edited Jun 12 at 20:35 )
1. Develop a trading plan and always adhere to it.

2. Set stop-losses for every trade . ...

3. Don't risk more than 2% of your margin per single trade .

4. Keep your emotions separate from trading .

5. Never trade to compensate for your losses.

6. Only trade when you feel it's the right moment.

7. Don't be afraid of losses, every trader has them.

8. Try to achieve more profitable trades, and have less unsuccessful trades.

PROFITINGSYSTEMS

Member Since Jun 04, 2020  48 posts ProfitingSystems (PROFITINGSYSTEMS) Jun 14 at 10:10
If you can keep to the above, you are as good as ProfitableTraders

Tezilkree

Member Since Apr 04, 2020  52 posts Tezilkree Jun 15 at 05:02
Do not stop learning and developing.

russellgutierrez

Member Since Jun 03, 2020  5 posts Russel Gutierrez (russellgutierrez) Jun 15 at 13:42
I think along with strategies, risk management, trading plans, capital to be invested - Consistency is the main thing that will prosper you in trading.

Farbious

Member Since Jul 29, 2019  11 posts Farbious Jun 15 at 13:49
Test everything until you are 100% sure it will work before risking any real money

Sven98

Member Since Oct 22, 2019  32 posts Sven98 Jun 16 at 04:51
Have a sound trading plan.

Suarez

Member Since Jun 01, 2020  18 posts Suarez Jun 16 at 07:44
russellgutierrez posted:
I think along with strategies, risk management, trading plans, capital to be invested - Consistency is the main thing that will prosper you in trading.


Indeed consistency is the key to success. One who aims at bringing consistency to trading is certain to be profitable in trading. And the best way to bring it is by practicing and formulating strategies.

Duktilar

Member Since May 24, 2020  36 posts Duktilar Jun 17 at 07:49
Always trade with confidence.

Evelyn55

Member Since Apr 28, 2020  29 posts Evelyn55 Jun 18 at 06:59
Duktilar posted:
Always trade with confidence.


True. Confidence is good but overconfidence can be dangerous.

Tezilkree

Member Since Apr 04, 2020  52 posts Tezilkree Jun 22 at 04:53
You never have to give up and always achieve results.

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EURUSD 1.13499 GBPUSD 1.25671
USDJPY 107.305 USDCAD 1.35985

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.